Top 5 small-cap stocks that attracted fund managers in April; do you hold any of them?

Karan Dsij
/ Categories: Trending, Mindshare
Top 5 small-cap stocks that attracted fund managers in April; do you hold any of them?

So, here is the list of Top 5 Small-cap stocks that attracted fund managers in April 

The NSE benchmark Nifty 50 index, after registering back-to-back losses for three months in a row formed a doji like candle on the monthly time frame, as the open and close of the month was almost identical, it clearly indicated that there was a strong tussle between the bulls and bears. However, with the sentiment skewed in favour of bears it was assumed that the bears would continue to dominate. But, like a Bollywood movie we saw that the hero emerged as the winner in the end as April turned out to be a fabulous month for the Nifty 50 index. 

The Nifty 50 index jumped over 4 per cent in the month of April recording its best gain since November 2022. Talking about broader markets' performance, Nifty Midcap and Smallcap outperformed the frontline index with Nifty Midcap and Smallcap jumping 5.86 per cent and 7.54 per cent, respectively. 

Considering the outperformance by the broader markets, it is pertinent to note which stocks from the Smallcap segment saw interest from mutual fund managers in April. 

 

So, here is the list of Top 5 Small-Cap stocks that attracted fund managers in April 

Stock Name 

Sector 

Net Qty Bought 

Approx. Buy Value (In Rs. cr) * 

RHI Magnesita India Ltd. 

Capital Goods 

11908170 

757.51 

PVR Inox Ltd. 

Media 

2344405 

351.33 

PNB Housing Finance Ltd. 

Financials 

6475901 

310.54 

Avalon Technologies Ltd. 

Capital Goods 

6777655 

253.59 

Indian Energy Exchange Ltd. 

Energy 

7747359 

110.21 

  

Do let us know in the comment section which stocks you hold from the above list!  

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